It doesn’t feel like Indodax has been established for 7 years. The development of the bitcoin and crypto exchange company already has many achievements.
The company founded by Oscar Darmawan and William Sutanto continues to innovate. In fact, Indodax is included in a startup company that was not affected by the pandemic.
Indodax’s achievement at the age of 7 is none other than because this company gives the best to all its members and the people of Indonesia. Apart from that, this is also due to the fantastic increase in Bitcoin and altcoin prices over the past year.
In this article, we will discuss what Indodax has achieved and how the development of crypto assets in the last year.
Indodax is the crypto exchange in Indonesia that has the most members. Until February 16, 2021, the number of Indodax members is more than 2.5 million people.
This figure represents 1% of the total population of Indonesia which reaches 250 million people. This means that Indodax has contributed by increasing the digital financial literacy of the Indonesian people.
Indodax CEO Oscar Darmawan said the 1% figure was still low. For that, Indodax continues to innovate and provide the best service to increase the number of members.
Oh yes, are you already a member of Indodax? If not, you can register here.
Indodax is the official crypto exchanges platform which is legality from BAPPEBTI. Of all the official crypto exchange platforms in Indonesia, Indodax is the platform that sells the most crypto assets.
As of February 16, 2021, there are 121 crypto assets listed on Indodax. A total of 114 of them were sold with reference to Rupiah or IDR. Meanwhile, 7 more crypto assets were sold on USD terms using the USDT (Tether) crypto asset.
The platform will continue to increase the number of crypto assets. Because Indodax wants to present a large selection of crypto assets. So that members can freely choose the crypto assets they want to own.
Another goal is that Indodax also wants to bridge crypto asset developers around the world to attract investors or communities from Indonesia. This is also a step to introduce new technology and innovations from the blockchain ecosystem to the people of Indonesia.
However, Indodax will also not hesitate to delist (no longer trade) crypto assets. Indodax will not hesitate in giving actions to these crypto assets with indications of fraud.
The fraud in question is manipulative in nature, susceptible to speculative (unreasonable rising and falling prices) and others. This is to provide the best service to members.
Last year, Indodax re-launched the Bitcoin.co.id platform. This platform is the same as Indodax. It’s just that it’s specifically for investors who want to trade in a simpler way.
At Bitcoin.co.id, the features used are easier to use. There, you will not see any chart chart features and others. So, it’s simpler and suitable for those of you who can buy instant.
In the near future, Bitcoin.co.id will soon launch a program on saving crypto assets that is suitable for all of you.
Indodax initiated the establishment of the decentralized finance / DeFi Tadpole Finance project. The open source project was launched in mid-2020, when DeFi was hype.
Tadpole Finance is a DeFi platform with several programs such as staking, genesis mining and others that use the metamask wallet. Tadpole Finance stands on Ethereum’s ERC20 network.
TAD, which is a crypto asset or token from Tadpole, has been listed on several marketplaces. Such as Uniswap, Coinsbit, Hotbit, Bithumb Global. Finally, TAD is listed on Indodax so that it is easier for people to exchange TAD to Rupiah.
Indodax 7 years Anniversary was also accompanied by a fantastic increase in Bitcoin. Since a few weeks ago, Bitcoin continues to break its highest price. This time, the highest Bitcoin price reached IDR 718 million in the Indodax market.
Meanwhile, other crypto assets, such as Ethereum also drastically increased, breaking through the all time high / ATH which coincided with Indodax’s anniversary. Ethereum has increased to Rp. 26.5 million.
Several altcoins, especially Bitcoin derivatives such as Bitcoin Cash and Litecoin, have also recorded increases. Bitcoin Cash increased to IDR 10 million and Litecoin to IDR 3.2 million.
Previously, during 2020, a lot of crypto assets increased fantastically by 1000 percent, such as DOGE, AOA, ADA, XRP, XLM and other crypto assets.
Successfully making innovations, improving services along with fantastic price increases for crypto assets, Indodax also continues to actively educate. Indodax is arguably the most active crypto exchange platform in Indonesia in conducting education.
Some forms of education by conducting seminars almost every week, providing interesting content on social media with dozens of content per day. In addition, Indodax also presents an educational platform on the Indodax.Academy website.
These are all provided free of charge. You can continue to watch content that contains interesting information, tips, etc. so that you are always good at trading.